The airline insolvency framework in India is still in need of a solution. The evolution has been more of a trade of one problem for another.

Ultimately, India's dual standards for “control” stem from two distinct policy objectives: minority protection and market dominance.

[ Piyush is a student at National Law University Jodhpur. ] Almost a decade after the introduction of the Insolvency and Bankruptcy Code 2016 ( IBC ), it has been generally lauded to be a far more successful method  of debt resolution compared to the earlier systems. However, procedural hiccups and substantive ambiguities do remain in the framework, affecting successful and timely debt resolution. The Insolvency and Bankruptcy Amendment Bill 2025  ( Amendment Bill ) aims to f